128 28th St SW - Restaurant FOR SALE


Grand Rapids, MI 49548- Outer Kentwood/Wyoming
$525,000 USD
616-235-0900
128 28th St SW, Grand Rapids, MI for Sale
$525,000 USD
Restaurant - FOR SALE
1/3
null | Request Cap Rate

128 28th St SW
Grand Rapids, MI 49548
Outer Kentwood/Wyoming


HIGHLIGHTS

  • Turn-key, fully equipped and comes complete with tables, booths, prep-tables, 16' hood, all equipment, grills, tavern license and more.
  • Located on busy 28th Street on hard corner with lighted intersection.

OVERVIEW

Full turn-key establishment with over 25+ years in the business. Comes fully equipped, with 16' hood system, tables, prep-tables, all equipment and Class C license. Owner just put over $45,000 into new Air Makeup System, Hood System & Fans. Furnace installed in 2017 with HVAC, roof and tankless water system in 2018. Owner will review all offers. Store can do over half a million in sales for lunch and dinner only.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$196 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

CROSS STREETS

28th Street and Buchanan Ave.

LAND ACRES

0.08 AC

LAND SF

3,484 SF

ZONING

B-2

APN/PARCEL ID

41-17-13-226-005

ASK ABOUT THIS PROPERTY

Joe RizqallahSignature AssociatesMore Info
616-235-0900

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Joe RizqallahSignature AssociatesMore Info
616-235-0900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.